MGE Energy, Inc. (MGEE) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 80.69M | 34.46M | 94.82M | 56.09M | 77.86M | 67.95M | 79.4M | 64.62M | 65.81M | 43.52M | 67.05M | 70.99M | 56M | 9.45M | 33.01M | 49.18M | 62.1M | -3.77M | 62.76M | 34.65M |
| Operating CF Growth % | 3.64% | -49.28% | 19.41% | -13.2% | 18.3% | 56.12% | 18.43% | -8.97% | 17.52% | 360.41% | 103.14% | 44.35% | -9.82% | 350.74% | -47.41% | 41.93% | 41.51% | -110.35% | 24.14% | 9.54% |
| Operating CF / Revenue % | 33.25% | 18.18% | 53.97% | 35.18% | 35.56% | 39.64% | 47.13% | 44.35% | 34.4% | 26.43% | 41.77% | 47.97% | 25.78% | 4.98% | 20.2% | 32.28% | 29.72% | -2.33% | 43.03% | 26.51% |
| Net Income | 48.48M | 23.3M | 44.5M | 26.5M | 41.59M | 22.02M | 40.94M | 23.79M | 33.81M | 20.08M | 37.86M | 28.68M | 31.08M | 21.05M | 33.72M | 21.76M | 34.42M | 13.06M | 34.92M | 22.85M |
| Depreciation & Amortization | 28.09M | 29.48M | 28.82M | 28.35M | 27.68M | 27.95M | 27.1M | 26.93M | 26.6M | 25.38M | 25.24M | 25.12M | 24.61M | 21.77M | 21.45M | 21.29M | 21.05M | 21.02M | 18.99M | 18.59M |
| Deferred Taxes | 2.5M | 2.84M | 2.21M | 1.23M | 1.34M | -6.71M | 8.67M | -830K | -521K | 6.67M | 3.61M | 6.66M | 6.06M | 5.41M | 6.03M | 6.38M | 5.61M | 0 | 1.84M | 910K |
| Other Non-Cash Items | 1.63M | 3.45M | -5.91M | -1.62M | 43K | -1.23M | -283K | -343K | 751K | -2.97M | -5.62M | -2M | -4.86M | -5.13M | -4.69M | -5.06M | -3.89M | -8.04M | -7.8M | 1.05M |
| Working Capital Changes | 0 | -24.6M | 25.21M | 1.62M | 7.21M | 25.92M | 2.98M | 15.07M | 5.17M | -5.65M | 5.95M | 12.53M | -1.98M | -34.86M | -23.5M | 4.51M | 4.91M | -31.11M | 14.82M | -8.76M |
| Capital Expenditures | -101.14M | -87.6M | -143.87M | -64.1M | -47.65M | -72.86M | -52.44M | -66.85M | -44.77M | -71.77M | -42.6M | -60.15M | -47.56M | -41.62M | -67.45M | -35.18M | -30.78M | -39.03M | -38.48M | -40.92M |
| CapEx / Revenue % | 41.67% | 46.21% | 81.89% | 40.2% | 21.76% | 42.51% | 31.13% | 45.88% | 23.4% | 43.59% | 26.54% | 40.64% | 21.89% | 21.93% | 41.28% | 23.09% | 14.73% | 24.08% | 26.38% | 31.3% |
| CapEx / D&A | 3.60x | 2.97x | 4.99x | 2.26x | 1.72x | 2.61x | 1.93x | 2.48x | 1.68x | 2.83x | 1.69x | 2.39x | 1.93x | 1.91x | 3.14x | 1.65x | 1.46x | 1.86x | 2.03x | 2.20x |
| CapEx Coverage (OCF/CapEx) | 0.80x | 0.39x | 0.66x | 0.88x | 1.63x | 0.93x | 1.51x | 0.97x | 1.47x | 0.61x | 1.57x | 1.18x | 1.18x | 0.23x | 0.49x | 1.40x | 2.02x | -0.10x | 1.63x | 0.85x |
| Cash from Investing | -105.46M | -88.72M | -143.59M | -67.66M | -50.59M | -73.88M | -54.1M | -67.08M | -46.43M | -73.53M | -44.73M | -62.19M | -49.57M | -42.93M | -68.16M | -36.89M | -32.17M | -38.63M | -40.34M | -42.17M |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchase of Investments | -4.82M | -288K | -3.34M | -3.33M | -2.54M | -444K | -1.19M | -1.78M | -1.38M | -1.01M | -2.61M | -1.85M | -1.53M | -1.25M | -608K | -1.78M | -1.55M | 0 | -1.89M | -1.67M |
| Sale of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 503K | -829K | 3.61M | -231K | -399K | -571K | -471K | 1.55M | -274K | -748K | 476K | -199K | -483K | -58K | -98K | 71K | 155K | 399K | 23K | 418K |
| Cash from Financing | 28.52M | 48.97M | 49.66M | -11.95M | -15.11M | 12.02M | -26.43M | 1.87M | -14.29M | 28.83M | -27.37M | -7.17M | -4.77M | 38.21M | 23.91M | -15.35M | -21.22M | -10.41M | 13.63M | 1.61M |
| Dividends Paid | -2.72M | -17.36M | -17.36M | -16.44M | -16.43M | -16.39M | -16.28M | -15.47M | -15.46M | -15.46M | -15.46M | -14.74M | -14.74M | -14.74M | -14.74M | -14.01M | -14.01M | -14.01M | -14.01M | -13.38M |
| Dividend Payout Ratio % | - | 74.49% | 39.01% | 62.06% | 39.5% | 74.41% | 39.77% | 65.02% | 45.72% | 76.98% | 40.84% | 51.38% | 47.42% | 70.01% | 43.7% | 64.4% | 40.71% | 107.3% | 40.13% | 58.56% |
| Debt Issuance (Net) | 0 | 1000K | 1000K | 1000K | -1000K | 201K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | 1000K | 1000K |
| Stock Issued | 14.01M | 0 | 0 | 471K | 3.28M | 29.01M | 2.59M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 31.23M | -867K | -157K | -162K | -650K | -811K | -151K | -174K | -554K | -448K | -649K | -183K | -1.3M | -1.32M | -133K | -120K | -492K | 4.81M | -165K | -815K |
| Net Change in Cash | 3.75M | -5.28M | -632K | -23.52M | 12.16M | 6.9M | -1.55M | -263K | 5.1M | 84K | -5.43M | 1.63M | 1.66M | 4.73M | -11.24M | -3.07M | 8.71M | -52.81M | 36.05M | -5.66M |
| Exchange Rate Effect | 0 | 0 | -1.52M | 0 | 0 | 811K | -417K | 327K | 0 | 1.26M | -381K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 246K |
| Cash at Beginning | 8.74M | 14.02M | 11.44M | 36.66M | 24.5M | 15.51M | 17.06M | 17.32M | 15.03M | 11.91M | 17.34M | 19.63M | 17.97M | 13.23M | 24.48M | 27.55M | 18.84M | 71.64M | 35.59M | 40.71M |
| Cash at End | 12.48M | 8.74M | 10.81M | 13.14M | 36.66M | 22.41M | 15.51M | 17.06M | 20.13M | 12M | 11.91M | 21.26M | 19.63M | 17.97M | 13.23M | 24.48M | 27.55M | 18.84M | 71.64M | 35.04M |
| Free Cash Flow | -20.45M | -53.13M | -49.05M | -8.01M | 30.21M | -4.91M | 26.96M | -2.23M | 21.04M | -28.25M | 24.45M | 10.84M | 8.45M | -32.17M | -34.44M | 14M | 31.32M | -42.8M | 24.29M | -6.27M |
| FCF Growth % | -167.69% | -981.5% | -281.94% | -258.83% | 43.55% | 82.61% | 10.27% | -120.58% | 149.13% | 12.18% | 170.98% | -22.53% | -73.03% | 24.84% | -241.81% | 323.19% | 242.79% | -54.77% | 841.2% | 8.16% |
| FCF Margin % | -8.42% | -28.03% | -27.92% | -5.02% | 13.8% | -2.87% | 16% | -1.53% | 11% | -17.16% | 15.23% | 7.33% | 3.89% | -16.95% | -21.08% | 9.19% | 14.99% | -26.41% | 16.65% | -4.8% |
| FCF / Net Income % | -42.18% | -228.02% | -110.24% | -30.22% | 72.63% | -22.31% | 65.85% | -9.38% | 62.23% | -140.67% | 64.59% | 37.81% | 27.18% | -152.81% | -102.15% | 64.32% | 91% | -327.7% | 69.56% | -27.44% |